June 14th, 2011

Google Scaling Solar, Commits $280 Million To Finance SolarCity Installations

Google today announced a new partnership with SolarCity, committing $280 million from its coffers to finance SolarCity installations, namely solar rooftops for homes in North America.

The partnership brings Google employees a discount on residential solar installations and services from SolarCity. On a worldwide basis, according to the company’s last quarterly earnings report, Google employs… → Read More

May 3rd, 2011

Enecsys Closes £25 million ($41 million) To Sell Solar Microinverters, Stateside

A Cambridge, England cleantech company, Enecsys, closed a £25 million ($41 million) series B round which the company plans to use to take its solar microinverter technology to more international markets including Canada and the U.S.

Solar microinverters convert the DC power that’s produced by solar panels into AC power, that can be either be used on-site, or sent back to the electrical grid. The… → Read More

March 21st, 2011

1BOG Motivates Homeowners In Philly To Go Solar, Groupon-Style

One Block Off The Grid (1BOG) is motivating homeowners to go solar by arranging and promoting group discounts for panels and installation services, especially in areas of the U.S. where the cost of electricity from traditional energy sources is on the rise.

In its latest such deal, 1BOG arranged a 15 percent discount via panel manufacturers Canadian Solar (NASDAQ: CISQ) and East Coast installers… → Read More

February 1st, 2011

Tale of Two Cities: Citigroup Commits $40 Million To Financing SolarCity Projects

SolarCity, a company that designs, installs and secures financing to put solar power generating systems in homes in North America, keeps reeling in the financial partners. This time, the San Mateo, Calif.-based startup convinced Citigroup to finance $40 million in U.S.-based home solar projects in 2011, a representative from Citigroup confirmed.

The chief executive of Solar City, Lyndon Rive… → Read More

January 25th, 2011

Solar Universe Raises $7 Million To Franchise Solar Installation

Solar Universe — a company building a franchise of solar installers across North America — raised a $7 million series b investment led by RockPort Capital, the company announced today. Abe Yokell, a principal with RockPort is joining the Livermore, California company’s board.

The founder and chief executive of Solar Universe, Joe Bono, said he was able to lock in the series b investment… → Read More